Day: January 2, 2024

Crypto Expert Shares Ultimate Crypto Portfolio Guide To Make It In 2024

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The crypto industry is now set for a strong bullish run in 2024, with most analysts predicting assets to reach new all-time highs. As a result, investors are always on the lookout hoping to jump on cryptocurrencies that offer the potential for substantial returns. A recent social media post by a crypto analyst known pseudonymously as Emperor Osmo listed the best cryptocurrencies to get on in 2024 across various trends and market niches. Expert Shares Ultimate Crypto Portfolio Guide The analyst’s crypto recommendations for the year were based on an…

Best defi crypto to invest in 2024

Discover the top-rated defi tokens with high liquidity and promising communities. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The decentralized finance (defi) ecosystem is one of the fastest-growing markets with the promise of allowing investors more control over their assets without needing third-party actors.  The defi total value locked (TVL) rallied to a whopping $179 billion in November 2021. However, according to DefiLlama, with the collapse of high-profile crypto companies in 2022, it dropped to a…

COIN, MSTR, MARA, RIOT Among Crypto-Related Stocks Showing Pre-Market Gains as BTC Tops $45K

Bitcoin (BTC) has added more than 7% in the last 24 hours to about $45,600, the highest level since the start of April 2022. U.S.-traded companies such as crypto exchange Coinbase (COIN), software developer MicroStrategy (MSTR) – which owns a large number of bitcoin – and mining firms Marathon Digital (MARA) and Riot Blockchain (RIOT) rode the bullish momentum to show significant gains in pre-market trading. Source

SEI Price Soars Over 80%

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2024 saw a sharp increase in the price of Sei tokens due to a surge in demand. It reached a record high of $0.80, more than 700% higher than its 2023 low, and now has a market value of more than $1.7 billion. It now ranks among the most popular cryptocurrencies worldwide. Upon its launch in August of that same year, the cryptocurrency in the futures market saw open interest surpassing $160 million. This significant achievement came after the platform declared its intention to achieve carbon neutrality. The Sei price…

Corrupt Chinese officials exploit crypto for illicit cross-border transactions

Chinese media are repeating concerns about the use of cryptocurrencies to facilitate corruption. Local media published a report entitled “Virtual Currency Electronic Gift Cards Open New Channels for Corruption Crimes and Benefit Transfer.” It states that cryptocurrencies, particularly Bitcoin (BTC), are opening up new channels for corruption and benefit transfer in China. In particular, incidents of bribery through means such as red packet transfers and electronic gift cards are becoming increasingly common, and these transactions are difficult to trace due to their secretive nature in the digital sphere. “Gaps and…

What is Gamma AI? | Blockchain News

Overview Gamma AI encompasses a suite of AI-driven applications and services designed to enhance business processes and presentations. It leverages cutting-edge machine learning algorithms to offer real-time data-driven insights, supporting better decision-making in business contexts​​. Source: Gamma AI Core Features and Services Presentation and Document Creation: Gamma AI specializes in creating engaging and professional presentations, documents, and webpages from text prompts. It simplifies the design process, requiring no advanced design skills from users. This feature is particularly beneficial for creating drafts for documents, decks, and webpages with minimal effort​​​​. Data…

André Dragosch says Ethereum will outperform Bitcoin in 2024; analysts forecast Meme Moguls prices

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The head of research at ETC Group, André Dragosch, has predicted that Ethereum will outshine Bitcoin in 2024. Another analyst said Bitcoin will rise to $130k in 2025. Meanwhile, another one said Meme Moguls could reach $0.1 in 2024. Ethereum may outperform Bitcoin in 2024 André Dragosch, the head of research at ETC Group, believes that Ethereum has a bright future.  He praised Ethereum for being a trailblazer in the smart…

Bitcoin Price Soars Above $45,500: Top 3 Reasons

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The Bitcoin price has risen to over $45,900 in the last few hours, an increase of 7.5% in the last 24 hours. These are the three main reasons: #1 Massive Bid From CME The recent surge in Bitcoin’s price was predominantly led by activities on the Chicago Mercantile Exchange (CME). At a point, the Bitcoin price on CME was approximately $1,400 higher than on Coinbase, indicating significant buying pressure on this platform. The CME Group, a renowned exchange for cash settled Bitcoin futures contracts, attracts a substantial institutional investor base,…

Bitcoin SV (BSV) Ushers In 2024 With A 110% Bang

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The hard fork token from Bitcoin, known as Bitcoin SV, continues to rise and has crossed $100 for the first time since February 2022. The price spike, which is noteworthy for having increased by almost 110% in just one week, is mostly attributable to increased trading activity and interest in the South Korean market. Upbit Spurs Bitcoin SV Surge: Insights Upbit, the biggest cryptocurrency exchange in South Korea, has been the center of this increased interest in BSV. On New Year’s Day, Upbit registered a significant $275 million in BSV…